the rating agencies understand voting for a tax decrease is easier than tax increase. if this drags on to late january, the president is talking about using the inauguration as a forum to bash republicans, if this goes into february, they could come out irrespective of a deal going forward, aaa doesn't act like this. >> i think it's a problem if -- first of all, we don't get there. then there are down grades. that begins to sit in on corporate holdings. >> this is broader than insurance, major markets and holders. >> insurance is such a huge holder of corporate and municipal debt. the other thing, i think is interesting, i heard from the governor, i heard a statistic that rocked me back when i heard it, said in 2012, the first person to live to be 150 years old was born. think about the implications for that around annuities, social security, the medicare system. a lot of this is really not around poor management. i heard people saying it's been mismanaged. people are living so much longer than we ever expected. the retime ages set in 1800s. that is to a large degree w